Wednesday, December 25, 2019

Monitoring Lake Delton Wisconsin TIF District Information

The Village of Lake Delton is required to prepare and make available to the public annual reports describing the (TIF) Tax Incremental Financing Project Status, Expenditures, and Revenues.  Online go to the State of Wisconsin Department of Revenue Website.  Key in to the Tax Incremental Financing (TIF) Information Site, Press on Annual Reports , Year 2018, Search Lake Delton and the 3 will show on the computer screen.

The Village of Lake Delton must file a report on the Tax Incremental Districts every year by July 1st.   So the filing for 2019 will be due by July 1, 2020.  One can key in to review the tax incremental financing information on 002 which was created in 9/28/2000.

Under transfer to other fund amount is listed - transfer to sewer , debt payments per residents 620, 590.00 .  The information published on each individual tax incremental financing district can give the reader a sense of the impact this activity is having upon the community.

The activity conducted through the tax incremental financing districts is funded through local taxation which requires the information to be made available to the public.  Readers are encouraged to view the annual reports as a way to monitor Lake Delton Wisconsin TIF District information.

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